Effect of Ojol Commission, GoTo Reveals Mobility Business Adjustments
The parent company of Gojek and GoPay, PT GoTo Gojek Tokopedia Tbk (GoTo), has disclosed that it is adjusting business targets for its mobility segment, which includes GoRide, GoCar, and delivery services, as a result of the implementation of an 8% commission rate. Despite this, GoTo is not changing its annual group performance guidance, supported by the continued growth of its fintech business, GoPay.
In its official second-quarter 2026 financial report, GoTo revealed it has lowered the full-year performance guidance for its On-Demand Services to between Rp1.4 trillion and Rp1.5 trillion, down from the previous range of Rp1.7 trillion to Rp1.8 trillion, due to the impact of the 8% commission implementation. Conversely, the performance of the fintech segment, GoPay, is predicted to provide a buffer, prompting the company to raise its full-year fintech guidance to between Rp1.7 trillion and Rp1.8 trillion, up from the earlier Rp1.4 trillion to Rp1.5 trillion.
With this strategy, GoTo is maintaining its full-year adjusted Group EBITDA guidance in the range of Rp3.2 trillion to Rp3.4 trillion. GoTo President Director Hans Patuwo confirmed the company is capable of managing the impact of the government’s new profit-sharing scheme. “This structure applies to Gojek’s two-wheeled transportation business, which contributes about 7% of the Group’s net revenue. However, after one month, business conditions remain stable. This adjustment is not easy, but we are confident we can manage the impact,” Hans stated in a written release on Monday, 3 August 2026.
In its second-quarter 2026 financial report, GoTo again posted a net profit of Rp252 billion. The company recorded an 83% year-on-year increase in core Gross Transaction Value (GTV) to Rp164 trillion, with net revenue rising 31% year-on-year to Rp5.7 trillion. This performance was underpinned by the rapid growth of its fintech business, GoPay, which saw core GTV soar by 82% year-on-year, with gross transaction value reaching Rp288 trillion in the first half of 2026. Net revenue from the fintech segment jumped 55% year-on-year to Rp4 trillion in the first semester, while adjusted EBITDA for the sector skyrocketed 526% year-on-year to Rp845 billion.
“Our fintech business continues to show outstanding performance. Its profitability has now surpassed the On-Demand Services business for the first time. This demonstrates the strength and balance of our ecosystem,” Hans said. Beyond maintaining performance, GoTo remains committed to improving the welfare of its partners. Hans noted that the company’s achievements will be reinvested into the GoTo ecosystem to support driver partners through various Partner Appreciation Programmes, including BPJS Health and Employment insurance, scholarships, and free Umrah pilgrimages.
Previously, based on Minister of Transportation Decree Number 532 of 2026, Gojek as an applicator is entitled to an 8% commission from two-wheeled passenger transport fares, down from the previous 20%.